The Senate has approved President Bola Tinubu’s request for a comprehensive external borrowing plan totaling over $21 billion for the 2025–2026 fiscal years. According to the Senate, the funds are earmarked to support key national development projects across sectors such as infrastructure, security, agriculture and human capital development. During plenary on Tuesday in Abuja, Chairman…
Governor Monday Okpebholo of Edo State on Tuesday insisted that the Labour Party (LP) presidential candidate in the 2023 general election, Mr Peter Obi, must inform him before visiting Edo State. Okpebholo reiterated that as governor, his responsibility includes the protection of the lives of all Edo people and visitors to the state. The governor,…
GISTSMATE MEDIA reports that the Nigerian Senate has announced its plan to hold a special session for the late former president Muhammadu Buhari. The leadership of the Senate said the special session for Buhari who died in London at the age of 82 will take place on Wednesday. According to the Senate, it would use…
The Federal Government has revealed that privately-owned Computer-Based Test centres and others belonging to public institutions would be fully deployed in the conduct of the school-based Senior School Certificate Examination by next year. Minister of Education, Dr Tunji Alausa, made this known after monitoring a pilot CBT SSCE conducted by the National Examinations Council at…
Senator Natasha Akpoti-Uduaghan has vowed to take fresh legal action against the Senate leadership after security operatives stopped her from entering the National Assembly complex on Tuesday, despite a valid court order reinstating her. The Kogi Central senator, who was suspended for six months earlier this year, said she will meet with her legal team…
The Central Bank of Nigeria (CBN) has confirmed that eight Nigerian banks have met the minimum regulatory requirements under the current forbearance regime. This was disclosed by CBN Governor Yemi Cardoso during the Monetary Policy Committee (MPC) briefing held on Monday, July 22, 2025. “Eight banks have surpassed the minimum required,” Cardoso said in response…
The Central Bank of Nigeria (CBN) has announced the retention of the Monetary Policy Rate (MPR) at 27.5%, following the conclusion of its 301st Monetary Policy Committee (MPC) meeting held on Tuesday, July 22, 2025. CBN Governor, Dr. Olayemi Cardoso, who briefed journalists after the meeting, said the committee’s decision to hold the rate steady…
Nigeria’s external reserves have climbed to $40.11 billion as of July 2025, according to the Central Bank Governor, Yemi Cardoso. He disclosed this during the Monetary Policy Committee (MPC) briefing held on Monday, July 22, 2025. Cardoso noted that the $40.11 billion reserve level represents approximately 9.5 months of import cover, signaling a significant boost…
The Actors Guild of Nigeria (AGN) has suspended actress Shirley Igwe indefinitely over the assault of a crew member on a film set in Lagos. AGN made this known in a letter signed by the national president, Emeka Rollas, on behalf of the filmmaking regulatory bodies. According to the letter, Shirley, who served as a…
Security operatives on Monday locked all gates leading to the national assembly complex, preventing Natasha Akpoti-Uduaghan from entering the premises as senate plenary resumes. Akpoti-Uduaghan, who represents Kogi central, had vowed to resume legislative duties following a court ruling that the senate should consider recalling her. Akpoti-Uduaghan was suspended in March over alleged misconduct on…